CashNews.co (Bloomberg) — Japan’s financial regulator is urging Nomura Holdings Inc. to examine the cause of an alleged robbery and attempted murder committed by a former employee, and to formulate measures to prevent similar incidents, according to people familiar with the matter. Most Read from Bloomberg The Financial Services Agency wants the country’s largest brokerage […]
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
CashNews.co By Satoshi Sugiyama TOKYO (Reuters) -Japanese household spending fell in September for the second straight month, government data showed on Friday, as higher prices choked consumers’ appetite in a discouraging sign for the central bank’s plans to hike rates further. Consumer spending fell 1.1% from the year earlier, against the median market forecast for […]
CashNews.co (Bloomberg) — Japan said it stepped into the foreign exchange market twice last quarter, as speculation grows that more moves may be brewing given the recent bout of renewed yen weakness. Most Read from Bloomberg The Ministry of Finance intervened on July 11 and 12, spending ¥3.17 trillion ($20.7 billion) and ¥2.37 trillion respectively […]
CashNews.co TOKYO (Reuters) -Nippon Steel, Japan’s biggest steel maker, revised on Thursday its full-year net profit outlook to 310 billion yen ($2 billion) from a previous forecast of 340 billion yen due to inventory valuation losses from weak raw material prices. Even as Nippon Steel, the world’s fourth-biggest steel maker, revised its forecast for the […]
CashNews.co (Bloomberg) — Donald Trump’s election victory is seen changing the course of near-term money flows for three of Asia’s largest equity markets as tariff risks loom large over Chinese assets. Most Read from Bloomberg Market watchers see the possibility of funds flowing into India and Japan while investors assess Trump’s anti-China stance, with the […]
CashNews.co (Bloomberg) — Japanese Prime Minister Shigeru Ishiba said he and Donald Trump agreed to have their first in-person meeting soon, after Trump won his second term as US president in an election Tuesday. Most Read from Bloomberg The president-elect is looking forward to talking to Ishiba in person, the Japanese leader said Thursday in […]
CashNews.co Japan’s Financial Services Agency (FSA) is drafting new laws to prevent domestic assets from being transferred out of the country in case foreign crypto exchanges go under. The move is the latest lesson learned from past industry turmoil, such as the FTX collapse. The plan to amend the Japanese law on payment services will […]
CashNews.co TOKYO — Japan’s financial watchdog looks to put legal curbs in place to prevent foreign cryptocurrency exchanges from taking domestic assets overseas if they collapse, in an effort to protect retail investors. The Financial Services Agency aims to create an “asset retention order” under the legislation governing these exchanges, which would allow it to […]
CashNews.co TOKYO/WARSAW (Reuters) -The Japanese and Polish governments will on Thursday sign a memorandum of understanding on cooperation in nuclear energy, Poland’s industry ministry said. In a statement on social media platform X, the ministry said the outline agreement would include exchanging information and technological support. The Nikkei business daily first reported the deal would […]